Cost of Living: Lakewood, WA vs Fayetteville, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lakewood | Fayetteville |
|---|---|---|
| Housing Index | 115.0 | 90.0 |
| Median Home Price | $495,000 | $264,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1280 |
Housing Comparison: Lakewood vs Fayetteville
- In Lakewood, the median home price is higher at $495,000, while in Fayetteville it is $264,000.
- Renting a two-bedroom apartment costs more in Lakewood at $1,800 than in Fayetteville at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lakewood | Fayetteville |
|---|---|---|
| Electricity Price | $12.34 | $13.72 |
| Natural Gas Price | $18.14 | $Data is updating |
| Other Utilities | $250 | $150 |
Utilities Comparison: Lakewood vs Fayetteville
- Fayetteville has higher electricity costs at $13.72 per kWh, versus $12.34 in Lakewood.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Lakewood at an average of $250, compared to Fayetteville with $150.